This House of the Week gives you the chance to live on the water in Babylon Village at an affordable price.

For $375,000, the single-family house, which sits along a canal, offers two bedrooms and one bath— and it’s built for entertaining in the backyard with a fire pit, deck, and retractable awning.

Inside the 1,102 square-foot-home, there are hardwood pine floors and freshly painted walls.

“[There’s] a wood burning fireplace in an open concept living room,” writes listing-agent Debbie Carpluk.  “[And an] updated kitchen and oversized bath.”

The house also features a pull-down attic for extra storage.

To see the listing at 88 Araca Road, click here.

Scroll down to see photos.